Taking a stab in the dark here...............
Date: Tue, 02/20/2007 - 07:15
Westbury Ventures
National Credit Ajusters
Bass and Associates
Just curious....... :o
I have called one today
I have called one today to get a letter and they said to give them 5 minutes. I gave them an hour and they say the printer is jammed and they will get it to me ASAP. That has been 3 hours ago and I am still waiting.
See, thats what I'm wondering too. I thought after you have mad
See, thats what I'm wondering too. I thought after you have made contact with them they HAVE to send you in writing the debt info. I could be wrong. Still waiting for written in from several collection agencies.
Per the FDCPA: Quote:What must the debt collector tell you ab
Per the FDCPA:
Quote:
What must the debt collector tell you about the debt? Within five days after you are first contacted, the collector must send you a written notice telling you the amount of money you owe; the name of the creditor to whom you owe the money; and what action to take if you believe you do not owe the money. |
You can read more here: http://www.ftc.gov/bcp/conline/pubs/credit/fdc.htm
I don't think I've ran across a person yet who has recieved debt
I don't think I've ran across a person yet who has recieved debt validation from Bass.
I havent gotten one from any of the payday loan companies I am d
I havent gotten one from any of the payday loan companies I am dealing with. But, they sure do want my money :twisted:
If they are NOT the originally creditor, they are a debt collect
If they are NOT the originally creditor, they are a debt collector, which means they MUST follow the fdcpa, and that includes sending you a debt verification letter via postal mail.
Contact you AG and file a complaint. You also may want to ask yo
Contact you AG and file a complaint. You also may want to ask your AG if the debt collector is required to be licensed in your state, and if they are required, ask them to verify that the creditor you are speaking with is licensed. While they may not be fast is taking care of fdcpa violations, AG's love unlicensed businesses. Slam dunk fines.
I feel that is the reason many will NOT validate debt. Sending you a letter with their letterhead on it and you address proves they are trying to collect a debt. The AG having that letter in their hand is a cut and dry win in an unlicensed business court case.
By federal law they must provide validation.Of course there is n
By federal law they must provide validation.Of course there is no statute saying how long they have to do it.It only stats that if you dispute within 30 days of initial contact,they are not allowed to collect until validation is done.
When any company is not responding to you with the debt informat
When any company is not responding to you with the debt information, they are clearly going against the fdcpa and FCRA laws. It is clearly specified in the laws that when you request for the needful information about the debt, the company has to give you the copy of the agreement and statement. If they don't show this to you, report them to the Office of Thrift Supervision, Federal Trade Commission, Office of Controller Currency and the Attorney General's office. The investigation process will begin on the company on the basis of your complaints.